Job Cuts Might Be Behind Outage at Tencent Cloud, Source Says

Recent service failures at Tencent Cloud and its rivals might be the result of job cuts, an industry insider said, raising concerns about the consequences of the wave of layoffs at Chinese internet giants over the last two years.

On Monday, complaints began to surface online that the cloud computing unit of Tencent Holdings Ltd. suffered an outage that disrupted access to Tencent Cloud’s console, which customers use to manage servers and buy different services on the platform.